Why Grab Holdings Are Trading Higher By 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

• AgileThought, Inc. AGIL jumped 85.5% to $0.3941. AgileThought recently posted a loss for the second quarter.
• VCI Global Limited VCIG shares climbed 76% to $6.60 after the company announced a collaboration with Microsoft Azure OpenAI.
• iTeos Therapeutics, Inc. ITOS shares gained 44.3% to $16.95 following release of Roche NSCLC data.
• Apellis Pharmaceuticals, Inc. APLS climbed 38.5% to $42.31 after the company said events of retinal vasculitis in treatment with SYFOVRE were rare, with an estimated real-world rate of 0.01% per injection.
• MicroCloud Hologram Inc. HOLO surged 34.4% to $7.87.
• Arcus Biosciences, Inc. RCUS shares gained 27.4% to $23.97. Arcus Biosciences recently posted downbeat quarterly results.
• Cheetah Net Supply Chain Service Inc. CTNT climbed 24.2% to $3.1062.
• Abercrombie & Fitch Co. ANF gained 23.4% to $50.82 after the company reported better-than-expected second-quarter results. The company also reported a decline in inventories and raised its FY23 sales growth outlook.
• Hitek Global Inc. HKIT shares rose 21.3% to $33.78 after jumping 24% on Tuesday.
• Kaival Brands Innovations Group, Inc. KAVL jumped 18.7% to $0.5226.
• Tingo Group, Inc. TIO jumped 17% to $1.0299. Tingo Group recently announced that it postponed its Q2 earnings release, conference call and the filling of its Form 10-Q.
• BioNexus Gene Lab Corp. BGLC shares gained 15.5% to $1.5950 after jumping 30% on Tuesday.
• Waldencast plc WALD rose 14.8% to $8.56.
• Heliogen, Inc. HLGN shares surged 12.8% to $0.2381. Heliogen was granted U.S. patent #11732928 for "Receiver for Capturing Solar Energy."
• ScanSource, Inc. SCSC rose 12.6% to $31.39. Northcoast Research upgraded ScanSource from Neutral to Buy.
• ACM Research, Inc. ACMR gained 12.3% to $16.43.
• Williams-Sonoma, Inc. WSM jumped 10.7% to $138.51 following second-quarter results.
• Alarum Technologies Ltd. ALAR gained 10.5% to $2.64. Alarum Technologies is expected to release its financial results for the second quarter on Aug. 24, 2023.
• Grab Holdings Limited GRAB jumped 9% to $3.64 after the company reported better-than-expected second-quarter earnings and raised annual adjusted EBITDA outlook.
• Groupon, Inc GRPN rose 8.6% to $11.40.
• Toll Brothers, Inc. TOL gained 3.7% to $78.74 as the company reported upbeat results for its third quarter. The company expects to deliver between 2,650 and 2,750 units in the fourth quarter, up from 2,524 in the third quarter.
• Urban Outfitters, Inc. URBN gained 3.4% to $35.24 as the company reported better-than-expected second-quarter earnings. Its total inventory decreased by 15.9% year-over-year as of July 31.

Losers

• Bruush Oral Care Inc. BRSH shares fell 41.8% to $2.02. Brüush Oral Care recently reported a 1-for-25 reverse stock split.
• Foot Locker, Inc. FL fell 34.4% to $15.18 after the company reported a second-quarter revenue miss and an 11% rise in inventories. The company also lowered its gross margin guidance, citing more aggressive markdowns.
• Orbital Infrastructure Group, Inc. OIG fell 29% to $1.2737. Orbital Infrastructure received Nasdaq Delinquency letter regarding late filing of quarterly report on form 10-Q.
• Ideanomics, Inc. IDEX declined 26.2% to $0.0391. The company announced a 1-for-125 reverse stock split.
• Sunlight Financial Holdings Inc. SUNL fell 24% to $2.05. Sunlight Financial recently announces a 1-for-20 reverse stock split.
• Peloton Interactive, Inc. PTON declined 23.6% to $5.34 after the company reported mixed fourth-quarter results and a quarterly decline in Connected Fitness subscribers. The company also issued soft Q1 revenue guidance.
• Tivic Health Systems, Inc. TIVC fell 23.1% to $3.02 after the company announced a 1-for-100 reverse stock split.
• Axcella Health Inc. AXLA fell 19.5% to $0.14.
• Foremost Lithium Resource & Technology Ltd. FMST declined 18% to $3.50.
• AMC Entertainment Holdings, Inc. AMC fell 17.6% to $2.1001 ahead of a 10-to-1 reverse stock split scheduled to take effect Thursday. AMC Preferred Equity Units will be converted to AMC common stock the following day.
• MediaCo Holding Inc. MDIA declined 15.5% to $0.6748.
• Tian Ruixiang Holdings Ltd TIRX fell 13.5% to $1.34 after gaining 8% on Tuesday.
• Crown ElectroKinetics Corp. CRKN fell 13.2% to $1.4850. Crown Electrokinetics recently announced a 1-for-60 reverse stock split.
• Society Pass Incorporated SOPA shares fell 12.7% to $0.4005 after declining 12% on Tuesday. Society Pass said on Aug. 21, that the company entered into sales agreement with Ascendiant Capital Markets for offering of up to $10 million common stock.
• China Pharma Holdings, Inc. CPHI fell 11.7% to $0.2604 after gaining 6% on Tuesday.
• GRI Bio, Inc. GRI fell 11.6% to $2.34. GRI Bio entered into $80 million asset purchase agreement with Aardvark Therapeutics for the sale of Legacy Asset, ADAIR.
• EBET, Inc. EBET fell 10.9% to $0.0499 after declining around 15% on Tuesday.
• Definitive Healthcare Corp. DH fell 9.7% to $9.18.
• Lancaster Colony Corporation LANC declined 9.6% to $165.25 after the company reported worse-than-expected fourth-quarter results.
• Premier, Inc. PINC fell 8.1% to $22.09. Premier reported fourth-quarter 2023 revenue of $340.4 million, missing the consensus of $356.3 million.

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